Biden back as favourite to win U.S. election, according to Smarkets

Smarkets is giving Biden a 56% chance to win the U.S. election, a massive flip from 29% an hour back.

Reuters
LONDON: Democratic presidential candidate Joe Biden was back as favourite to win U.S. elections in online betting markets, according to Britain-based Smarkets Exchange, a reversal of fortune for President Donald Trump who was favourite overnight.

Smarkets is giving Biden a 56% chance to win the U.S. election, a massive flip from 29% an hour back.

The shift came after Biden overtook Trump in the battleground state of Wisconsin with an estimated 89% of the vote tallied so far. Trump has 49% and Biden has 49.3% of vote, according to Edison Research.


After a nail-biting finish, Americans wait for the final results
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People in Times Square dressed in Donald Trump and Joe Biden costumes as they await election results on in New York City.

People in Times Square dressed in Donald Trump and Joe Biden costumes as they await election results on in New York City.

A woman poses for a photo during an election night watch party organized by a group called 'Villagers for Trump' in The Villages, Florida.

A woman poses for a photo during an election night watch party organized by a group called 'Villagers for Trump' in The Villages, Florida.

Supporters of US President Donald Trump rally in front of Cuban restaurant Versailles in Miami, Florida.

Supporters of US President Donald Trump rally in front of Cuban restaurant Versailles in Miami, Florida.

People watch as the election results come in at a pro US President Donald Trump watch party at the Rockin Cigar Bar, in defiance of a county wide shutdown order, in El Paso, Texas.

People watch as the election results come in at a pro US President Donald Trump watch party at the Rockin Cigar Bar, in defiance of a county wide shutdown order, in El Paso, Texas.

A supporter of Democratic presidential nominee and former Vice President Joe Biden waits for election results outside the Chase Center in Wilmington, Delaware.

A supporter of Democratic presidential nominee and former Vice President Joe Biden waits for election results outside the Chase Center in Wilmington, Delaware.

People stand in front of a digital screen displaying election coverage in Black Lives Matter Plaza in Washington DC.

People stand in front of a digital screen displaying election coverage in Black Lives Matter Plaza in Washington DC.

People gather in Times Square as they await election results in New York City.

People gather in Times Square as they await election results in New York City.

Protesters gather at the Black Lives Matter Plaza in Washington, DC.

Protesters gather at the Black Lives Matter Plaza in Washington, DC.

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